Chief Editor:
Ksenia Yudaeva
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RSCI eLibrary ReРЕc EconPapers
ISSN 2618-6799 (Print)
ISSN 2712-8369 (Online)
ISSN 0130-3090 (Print Russian edition)
ISSN 2712-8350 (Online Russian edition)
ECONS
Журнал «Деньги и кредит»
Russian Journal
of Money & Finance
Journal of the Bank of Russia
ISSN 2618-6799 (Print); ISSN 2712-8369 (Online)
Рус Eng
ECONS

What Opportunities Do New Technologies Bring About for Price Statistics?

Abstract

The paper discusses new opportunities for Russian price statistics that present-day information and communication technologies bring about. The paper is a response to the study Isakov et al. (2021) dedicated to the effort of developing a toolset to build a price quotation database through automated internet data collection and construction of consumer price indexes based on it. Discussed are the potential implications of this activity for price statistics.

Keywords: database, big data, consumer price index, internet, information and communication technologies, corona crisis

JEL: C43, C80

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This paper is licensed under a Creative Commons Attribution 4.0 International License